Versatile and full of potential, this high-visibility corner property in Shakespeare presents a unique opportunity for investors, entrepreneurs, or those exploring a return to residential living. Formerly home to a well-known local business, the property combines historic charm with functional commercial space and excellent exposure along Perth Road 107. Set on a corner lot with ample street parking, the property is currently zoned C1, allowing for a wide range of permitted uses. The existing building features character details such as the original staircase and includes three upper-level bedrooms, offering flexibility for mixed-use or residential conversion. With natural gas heating, municipal sewer, and essential services already in place, the groundwork is set for a variety of future possibilities. Given the prominent location and lot size, there is also strong potential for redevelopment. A new Buyer could make this their home with some updates throughout or others may wish to remove the existing structure to make way for a new custom home or commercial building, with the opportunity for a new owner to explore zoning amendments or changes to suit their vision. Ideally situated just minutes from Stratford and Tavistock, and within comfortable commuting distance to Kitchener-Waterloo, this property offers exceptional exposure and long-term potential in a growing community.
Data was last updated July 6, 2026 at 05:50 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$549,900
Min list price:
$295,000
Max list price:
$1,699,000
Avg days on market:
21
Min days on market:
3
Max days on market:
657
Avg price per sq.ft.:
$331.55
These statistics are generated based on the current listing's property type
and located in
Perth East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.